STOCK TITAN

Reservoir Media (RSVR) CFO has 13,395 shares withheld for RSU tax obligations

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reservoir Media, Inc.’s Chief Financial Officer, James A. Heindlmeyer, reported routine share dispositions tied to tax withholding rather than market sales. On May 31, 2026, a total of 13,395 shares of common stock were withheld in connection with the vesting of restricted stock units at $10.32 per share.

The Form 4 shows two tax-withholding dispositions of 6,963 shares and 6,432 shares, each priced at $10.32, with the CFO continuing to hold a substantial direct stake after these non‑market transactions. These events reflect standard equity compensation tax handling, not open‑market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Heindlmeyer James A
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common stock, $0.0001 par value 6,432 $10.32 $66K
Tax Withholding Common stock, $0.0001 par value 6,963 $10.32 $72K
Holdings After Transaction: Common stock, $0.0001 par value — 77,974 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares total 13,395 shares F-code tax-withholding dispositions tied to RSU vesting
First tax-withholding block 6,963 shares at $10.32/share Common stock, F-code on May 31, 2026
Second tax-withholding block 6,432 shares at $10.32/share Common stock, F-code on May 31, 2026
Shares following first transaction 71,011 shares Direct common stock holding after 6,963-share withholding
Shares following second transaction 77,974 shares Direct common stock holding after 6,432-share withholding
restricted stock units financial
"in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations"
Chief Financial Officer financial
"Heindlmeyer James A, Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Common stock, $0.0001 par value financial
"security_title: Common stock, $0.0001 par value"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Heindlmeyer James A

(Last)(First)(Middle)
C/O RESERVOIR MEDIA, INC.
200 VARICK STREET, SUITE 801

(Street)
NEW YORK NEW YORK 10014

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Reservoir Media, Inc. [ RSVR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock, $0.0001 par value05/31/2026F6,432(1)D$10.3277,974D
Common stock, $0.0001 par value05/31/2026F6,963(1)D$10.3271,011D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations.
/s/ James A. Heindlmeyer06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Reservoir Media (RSVR) disclose for its CFO?

Reservoir Media disclosed that CFO James A. Heindlmeyer had company shares withheld to cover tax obligations. The Form 4 reports tax-withholding dispositions totaling 13,395 common shares in connection with restricted stock unit vesting, rather than open-market sales or purchases.

How many Reservoir Media (RSVR) shares were withheld for the CFO’s taxes?

A total of 13,395 Reservoir Media common shares were withheld for the CFO’s tax obligations. This includes separate dispositions of 6,963 shares and 6,432 shares, all related to restricted stock unit vesting, not discretionary trading in the open market.

At what price were the Reservoir Media (RSVR) shares valued for the tax withholding?

The tax-withheld Reservoir Media shares were valued at $10.32 per share. Both reported dispositions, covering 6,963 shares and 6,432 shares, used this same price in calculating the value of shares applied toward the CFO’s tax obligations.

Does the Reservoir Media (RSVR) Form 4 show open-market sales by the CFO?

The Form 4 does not show open-market sales by the CFO. Instead, it reports F-code transactions, meaning shares were withheld by the company to satisfy tax liabilities triggered by restricted stock unit vesting for the executive.

What is the nature of ownership for the Reservoir Media (RSVR) shares in this Form 4?

The Form 4 identifies the CFO’s holdings as direct ownership. Both tax-withholding transactions are coded as directly held common stock, indicating the shares involved and remaining are directly owned rather than through an indirect entity or trust.